date:Sep 29, 2018
($363 million estimated by CBO); (2) cotton ginning cost share payments (estimated $227 million); and (3) the MFP (estimated $277 million).
Figure 3 illustrates the additional revenues expected from government payments for the 2018 crops of corn, soybeans, wheat and cotton. The ARC/PLC payments are estimated using the April 2018 CBO outlays for FY2020 per payment acres (85% of base), using 80% of generic base to represent seed cotton base in ARC/PLC. CBO does not indicate LDP for any of the cro